2010-11-25_055630_mcq_jasnke - . The goal of managerial...

. The goal of managerial accounting is to provide information for planning, controlling and decision making. (Points: 5) True False 2. The last step in the planning and control process is to (Points: 5) implement the plan. construct the plan. make decisions based on the evaluation of the results. compare actual results to the planned results. 3. Marco Diner produced and sold 2,000 bagels last month and had fixed costs of $6,000. If production and sales are expected to increase by 10% next month, which of the following statements is true? (Points: 5) Total fixed costs will increase. Total fixed costs will decrease. Fixed cost per unit will increase. Fixed cost per unit will decrease. 4. In most companies, the top management accountant is called the (Points: 5) financial analyst. taxation specialist. treasurer. controller. 5. Mattress Firm produces pillow-top mattresses. Each mattress has a variable cost of $140 and fixed costs are $41,000 per month. Each sells for $360. If the company produces and sells 420 mattresses in February, how much profit will the company

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